Labor Costs

As Cheap Chinese Labor Gets More Expensive, Companies Consider Moving Elsewhere

Reuters | Posted 05.25.2012

Read More: Outsourcing, Video, Chinese Workers, Labor Costs, China Labor, Reuters, Business News, Outsourcing to China, Chinese Skilled Workers, China Economy, China, Business News

By Lucy Hornby and Don Durfee BEIJING, March 26 (Reuters) - U.S. lawnmower manufacturer Briggs & Stratton is used to worrying abou...

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The Big Price Of Somali Piracy

The Huffington Post | Harry Bradford | Posted 02.09.2012

Read More: Bloomberg, Video, Piracy, Hostages, Cybercrime, Labor Costs, Navy SEAL, Somali Pirates, Indian National Shipowners Organization, Shipping Industry, One Earth Future Foundation, Rena, Gulf of Aden, Business News

Though many think of Johnny Depp when pirating comes up, avoiding the real-life bandits of the seas is a multi-billion dollar problem for the shipping...

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In War Between Man And Machine, Machine Is Winning

WSJ | Kathleen Madigan | Posted 11.29.2011

Read More: JPMorgan Chase, Capex Good, Gdp, The Kaiser Family Foundation, Labor Costs, Computers, Jobs, Watson Jeopardy, Technology, Machine, Business News

By Kathleen Madigan of the Wall Street Journal In the man-versus-machine competition, machine is winning. And it’s not just Watson beating humans...

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Hiring May Increase As U.S. Productivity Slows

Bloomberg | Shobhana Chandra | Posted 07.05.2011

Read More: Unemployment Rate, McDonald?S Corp., Labor Costs, Unemployment Insurance, Labor Department, IHS Global Insight Inc., Commerce Department, Federal Reserve, Employee Output, Productivity, Business News

The productivity of U.S. workers slowed in the first quarter and labor costs rose as a growing economy prompted companies to boost employment....

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U.S. Productivity Unexpectedly Rises, Labor Costs Fall

Bloomberg | Bob Willis | Posted 05.25.2011

Read More: Business News, US Economy, Labor Costs Fall, Labor Department, Employment Forecast, Labor Costs, Employment, Business News

The productivity of U.S. workers unexpectedly increased in the fourth quarter at a faster rate as companies sought to contain costs. The measure of e...

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Is Health Care Inflation Inevitable? What Are the Consequences?

Stanton Peele | Posted 05.25.2011

Read More: Labor Costs, Commonwealth Fund, Rising Costs, Gdp, Hewitt Associates, Columbia University, Medical School, University of Chicago, Atul Gawande, Health Care, Home News
Stanton Peele

Cable news commentators regularly announce that the United States has, "by far," the best health care system in the world, while Republicans work to halt any modifications by Obama. Bon santé!

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Productivity Falls, Labor Costs Rise: Good News For Workers

AP | MARTIN CRUTSINGER | Posted 05.25.2011

Read More: Recovery, Labor, Gdp, Worker Income, Output, Labor Costs, Labor Department, Economic Recovery, Worker Productivity, Business News

WASHINGTON — American companies experienced the largest drop in workplace productivity this spring in nearly four years and a rise in labor cost...

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GM, Ford Ramp Up Production At Mexico Plants Where Workers Earn $26 Per Day

Bloomberg | [Bn:PRSN=1] Thomas Black [] | Posted 05.25.2011

Read More: Low-Wage Workers, Workers, Low Wages, Chrysler, General Motors, Gm, Wages, Labor Costs, Latin America, Ford Motor Company, Cheap Labor, Mexico Workers, Ford Motor Co, Workers Rights, Business News

June 9 (Bloomberg) -- Mexico's share of North American auto production may rise at a quicker pace as General Motors Co., Ford Motor Co. and Chrysler G...

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Stagflation Ahead?

Michael J. Panzner | Posted 05.25.2011

Read More: Stagflation, Inflation, Labor Costs, Economy, Productivity, Business News
Michael J. Panzner

Although it is too soon to say whether this aspect of our economic history is about to repeat itself, today's allegedly good news from the Labor Department may not be all that it seems.

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Productivity Climbs 6.2% In Fourth Quarter 2009 As Labor Costs Fall

AP | CHRISTOPHER S. RUGABER | Posted 05.25.2011

Read More: Productivity, Economy, Recession, Economic Recovery, Unemployment, Layoffs, Hiring, Labor Costs, Business News

WASHINGTON — Employers are managing to boost production without creating new jobs. The question is when they'll feel the need to ramp up hiring....

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Ford Workers Reject Contract changes

AP | DEE-ANN DURBIN and TOM KRISHER | Posted 05.25.2011

Read More: Gm, Wages, Cost of Living, Ford, Jobs, Cars, Cola, Automakers, Labor Costs, Hours, Chrysler, UAW Contract, Unemployment, New Contract, Increases, Labor Contract, Detroit, Uaw, Ford Contract, Auto Bailout, Business News

DETROIT — Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs, leaving...

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Labor Union Officials Charged In Bribery Probe

AP | TOM HAYS | Posted 05.25.2011

Read More: Labor Costs, Michael Forde, Labor Union Bribery, Mayor Bloomberg, New York City District Council of Carpenters and Joiners, Michael Bloomberg, Conspiracy, Bribes, Labor Union, Racketeering, New York News

NEW YORK — The leader of a powerful labor union that recently endorsed Mayor Michael Bloomberg in his re-election campaign was charged Wednesday...

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GM Offers Buyouts To 46,000 Employees

Reuters | Pumina Gupta | Posted 05.25.2011

Read More: Consumer Confidence, Wall Street, General Motors, Gm, United Auto Workers, Labor Costs, Business News

General Motors Corp said on Thursday it sees significantly improved operating earnings and cash flow in the next two to three years, but expects high...

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